Stratasys (Nasdaq: SSYS ) reported earnings yesterday. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Stratasys beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share dropped.
Margins shrank across the board.
Stratasys reported revenue of $45 million. The three analysts polled by S&P Capital IQ looked for net sales of $43.9 million on the same basis. GAAP reported sales were 31% higher than the prior-year quarter's $34.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.28. The four earnings estimates compiled by S&P Capital IQ anticipated $0.29 per share. GAAP EPS of $0.21 for Q1 were 8.7% lower than the prior-year quarter's $0.23 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 51.1%, 210 basis points worse than the prior-year quarter. Operating margin was 16.1%, 190 basis points worse than the prior-year quarter. Net margin was 10.1%, 440 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $45 million. On the bottom line, the average EPS estimate is $0.31.
Next year's average estimate for revenue is $185.8 million. The average EPS estimate is $1.29.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 507 members rating the stock outperform and 23 members rating it underperform. Among 168 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 163 give Stratasys a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Stratasys is hold, with an average price target of $35.33.
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